This is a conceptual paper on economic conditions in India and options before the government. In India, the COVID-19 pandemic has primarily had a disruptive effect on the economy. According to the Ministry of Statistics, India’s growth decreased to 3.1% during the final quarter of the fiscal year 2020. According to the Chief Economic Advisor to the Government of India, the impact of the coronavirus epidemic on the Indian economy is the main cause of this decline. A pre-pandemic slowdown had been occurring in India as well, and the World Bank claims that the current pandemic has “magnified pre-existing threats to India’s economic outlook.” That is, the economic recovery after COVID-19. However, there have been many other incidents, which have led to recessionary conditions. The authors have presented a review of economic recovery in India. The authors have interviewed a few industrialists and economic experts and presented the summary of ideas in this article. According to the study, rising interest rates might result in less liquidity, which can make it difficult for the economy to recover.
